Eight Reasons Startup Incubators Are Better Than Business School
March 11, 2014
But if you’d prefer to bypass the corporate ladder and actually build something of your own, spending upwards of $140,000 and two years without pay is just about the worst way to go about it. Because looming outside those classroom walls is a creature far less merciful than any b-school professor: the market. Customers, you may be surprised to find, don’t give a damn about your degree—and the market will fire you faster than any ungrateful boss.
Want to take the plunge but need a bit of guidance and support? Applying to a so-called startup incubator may be a far better option than business school.
Business incubators have been around since the 1950s. Typically attached to universities, these entities offered a proving ground, with back-office resources, for fledgling entrepreneurs.
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